Comments on: Investment Advice From a Sixth Grader http://dadshouseblog.com/2008/04/24/investment-advice-from-a-sixth-grader/ Single Parent Dating, Raising Children, Parenting Teens Sat, 21 Nov 2009 05:03:21 -0600 http://wordpress.org/?v=abc hourly 1 By: sahajap http://dadshouseblog.com/2008/04/24/investment-advice-from-a-sixth-grader/comment-page-1/#comment-331 sahajap Mon, 04 Aug 2008 03:14:23 +0000 http://dadshouse.wordpress.com/?p=158#comment-331 Actually, there is a board game from the author of the Rich Man, Poor Man series that is really great apparently at teaching kids money matters. Try that sometime, its something diff and educational you and your kids will enjoy! Actually, there is a board game from the author of the Rich Man, Poor Man series that is really great apparently at teaching kids money matters. Try that sometime, its something diff and educational you and your kids will enjoy!

]]> By: whatmenthink http://dadshouseblog.com/2008/04/24/investment-advice-from-a-sixth-grader/comment-page-1/#comment-330 whatmenthink Wed, 30 Apr 2008 06:53:58 +0000 http://dadshouse.wordpress.com/?p=158#comment-330 I choose not to write on financial matters very much. FINRA doesn't appreciate securities licensed individuals to write anything public without going through the proper regulatory compliance measures. I'm not about to let them hack up my blog posts. I choose not to write on financial matters very much. FINRA doesn’t appreciate securities licensed individuals to write anything public without going through the proper regulatory compliance measures. I’m not about to let them hack up my blog posts.

]]> By: dadshouse http://dadshouseblog.com/2008/04/24/investment-advice-from-a-sixth-grader/comment-page-1/#comment-329 dadshouse Tue, 29 Apr 2008 14:54:42 +0000 http://dadshouse.wordpress.com/?p=158#comment-329 WMT - thanks for your insights from the financial community! Do you have a post about What Men Think About Money? Not everyone goes out and buys the newest flat panel HD TV (though some do) WMT – thanks for your insights from the financial community! Do you have a post about What Men Think About Money? Not everyone goes out and buys the newest flat panel HD TV (though some do)

]]> By: whatmenthink http://dadshouseblog.com/2008/04/24/investment-advice-from-a-sixth-grader/comment-page-1/#comment-320 whatmenthink Tue, 29 Apr 2008 08:31:22 +0000 http://dadshouse.wordpress.com/?p=158#comment-320 Cara! I'm a financial advisor and I totally back DadsHouse on this one. DadsHouse I think a better understanding of market history, volatility, and the rule of large numbers would help your son. He obviously understands and likes the idea of compounding interest! He sounds like a bright kid. Those in the financial services industry will tell you that GEN X and GEN Y have splintered themselves into a diverse number sub-groups when it comes to investing. While some are great savers and investors, some are terrible with money management. Cara!
I’m a financial advisor and I totally back DadsHouse on this one.

DadsHouse
I think a better understanding of market history, volatility, and the rule of large numbers would help your son. He obviously understands and likes the idea of compounding interest! He sounds like a bright kid.

Those in the financial services industry will tell you that GEN X and GEN Y have splintered themselves into a diverse number sub-groups when it comes to investing. While some are great savers and investors, some are terrible with money management.

]]> By: Cara http://dadshouseblog.com/2008/04/24/investment-advice-from-a-sixth-grader/comment-page-1/#comment-319 Cara Tue, 29 Apr 2008 00:05:37 +0000 http://dadshouse.wordpress.com/?p=158#comment-319 AJC, you sound like a great dad...teaching your kid the value of money and how it does not grow on trees and that to get a business up and running, they have to work hard for initial investment. It's admirable that you did not just hand over the money without asking for some shares. x Cara AJC, you sound like a great dad…teaching your kid the value of money and how it does not grow on trees and that to get a business up and running, they have to work hard for initial investment. It’s admirable that you did not just hand over the money without asking for some shares.

x

Cara

]]> By: AJC http://dadshouseblog.com/2008/04/24/investment-advice-from-a-sixth-grader/comment-page-1/#comment-328 AJC Mon, 28 Apr 2008 15:04:19 +0000 http://dadshouse.wordpress.com/?p=158#comment-328 This is really a great post ... I'll have to ask my son (he's 13 y.o.). But, what I can tell you is this: the internet has definitely opened up entrepreneurial opportunities for kids. My son is a self-made e-Bay seller. He set himself up, researched his own wholesalers and drop-shippers and approached an Angel Investor (me) for an equity deal ...($50 for 45% of his company) and promptly bought the Angel/me out after his first sales. But, he gave me his portfolio to manage in my Scottrade account (he has a chit for 0.000025% of my portfolio) because he figured that bank returns were too low for him. This is really a great post … I’ll have to ask my son (he’s 13 y.o.).

But, what I can tell you is this: the internet has definitely opened up entrepreneurial opportunities for kids. My son is a self-made e-Bay seller. He set himself up, researched his own wholesalers and drop-shippers and approached an Angel Investor (me) for an equity deal …($50 for 45% of his company) and promptly bought the Angel/me out after his first sales.

But, he gave me his portfolio to manage in my Scottrade account (he has a chit for 0.000025% of my portfolio) because he figured that bank returns were too low for him.

]]> By: pajama momma http://dadshouseblog.com/2008/04/24/investment-advice-from-a-sixth-grader/comment-page-1/#comment-327 pajama momma Sat, 26 Apr 2008 20:18:22 +0000 http://dadshouse.wordpress.com/?p=158#comment-327 I buy beer, a lot of it. If I were you, I'd encourage people to purchase stock in Newcastle and Corona. I buy beer, a lot of it. If I were you, I’d encourage people to purchase stock in Newcastle and Corona.

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